1:20pm: Daniels’ one-year contract is worth $1MM, with another $1MM available in incentives, tweets Wilson.

FRIDAY, 12:03pm: The Ravens’ signing of Daniels is now official, according to the team (Twitter link).

THURSDAY, 4:30pm: Daniels will travel to Baltimore tomorrow to take his physical and officially sign his deal with the Ravens, according to Wilson (Twitter link).

4:17pm: The Ravens have agreed to terms with free agent tight end Owen Daniels, reports Aditi Kinkhabwala of NFL.com (via Twitter). According to Aaron Wilson of the Baltimore Sun (via Twitter), Daniels will ink a one-year deal to join the team. It’ll be a reunion for Daniels and former Texans head coach Gary Kubiak, who is now the Ravens’ offensive coordinator.

Daniels, 31, was limited to just five games last season due to a broken leg. In his previous seven NFL seasons, however, he averaged over 51 receptions per year to go along with 26 total touchdowns. Daniels was also named to two Pro Bowl teams, in 2008 and 2012.

In Baltimore, Daniels won’t be the No. 1 tight end option for a team that re-signed Dennis Pitta to a lucrative long-term deal earlier this offseason. However, he’ll provide an excellent second option at the position, and his veteran presence and his familiarity with Kubiak should be a plus.

The Ravens had also reportedly been considering bringing back Ed Dickson, but I’d imagine the team’s agreement with Daniels means Dickson is no longer a target. As for Daniels, he visited the Redskins and Packers before agreeing to sign with the Ravens, tweets Wilson.